Category: News

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Dollar Rises Vs Most Majors Ahead Of U.S. PPI

Dollar Rises Vs Most Majors Ahead Of U.S. PPI The Department of labor released the producer price index or PPI) for November at 8:30 am ET Tuesday. Before the data, the U.S. currency was mixed acted against his biggest rival. While the greenback fell against the pound, it rose against the rest of the competitors. […]

Crude Oil Is In Rally Mode

Crude Oil Is In Rally Mode The prices for crude oil rose further on Tuesday before the US inventories data. The American Petroleum Institute, with its industry-survey this afternoon, while the Energy Information Administration reported tomorrow. Stocks have diminished greatly in the last few months, but also the demand from refineries slowed-down expected in this […]

Gold Stands In Front Of The Fed-Rate-Call

Gold Stands In Front Of The Fed-Rate-Call Gold to drive prices continue to lower on Tuesday, as the Federal Reserve gathered for its latest interest rate decision. The Fed’s two-day meeting will surely almost culminate tomorrow with a rise in interest rates, the third of the year. Gold up $2 at $1245 per Troy ounce, […]

The German Economic Sentiment Deteriorated More-Than-Expected

The German Economic Sentiment Deteriorated More-Than-Expected Germany’s economic sentiment weakened more than expected in December, in the midst of the political uncertainty to a closely watched study showed on Tuesday. The ZEW indicator of economic sentiment fell 1.3 points to 17.4 in December, the Mannheim-based think tank ZEW said. The indicator remains below its long-term […]

UK Inflation Rises To 3.1%, the Highest Since 2012

UK Inflation Rises To 3.1%, the Highest Since 2012 In the UK, inflation accelerated unexpectedly to its highest level in more than five years in November, flights and computer games, official data showed on Tuesday. The Inflation said rose slightly to 3.1 percent in November from 3 percent in October, the Office for National Statistics. […]